The Walt Disney Co. (DIS) is set to report earnings Thursday morning, rounding out its results for fiscal 2024. Analysts expect higher revenue and profits with a focus on streaming profitability and the company's succession plan for CEO Bob Iger.

Analysts expect Disney to report more revenue than in the same quarter last year at $22.49 billion, up from $21.24 billion, according to estimates compiled by Visible Alpha. 澳洲幸运5官方开奖结果体彩网:Net income is expected to come in well above last year's $264 million, surging to $1.73 billion. Disney recorded restructuring charges of about $900 million in the final quarter of fiscal 2023.

Analysts remain bullish on the entertainment giant, with nine of the 13 analysts tracked by Visible Alpha holding 澳洲幸运5官方开奖结果体彩网:"buy" ratings on Disney stock, and the other four with "hold" ratings. The Street's average 澳洲幸运5官方开奖结果体彩网:target price near $109,ﷺ is about about 10% above Friday's close.

Key Metric: Streaming Profitability, Experiences Revenu🐽e

Disney's streaming offerings, including Disney+, Hulu, and ESPN+, have trended toward profitability this year, with Disney+ and Hulu recording a surprise 澳洲幸运5官方开奖结果体彩网:profit in the second quarter and the three services recording a combined 澳洲幸运5官方开奖结果体彩网:profit in the third quarter.

Disney and analysts both expect the streaming operations to remain profitable in the latest quarter, and Iger 澳洲幸运5官方开奖结果体彩网:said in August its streamers can be expected to "grow nicely" over the next fiscal yeꩲar✃.

A broader slowdown in discretionary spending has hit Disney's theme parks in recent quarters. CFO Hugh Johnston said in 澳洲幸运5官方开奖结果体彩网:last quarter's earnings call that the company expects "a flattish revenue number" over the next several quarters.

Business Spotlight: Succession Planning

The entertainment conglomerate's plan to replace Iger, the 73-year-old CEO whose contract ends in 2026, has returned to focus after the 澳洲幸运5官方开奖结果体彩网:company said last month that its board plans to name his replacement by early 2026. Iger 澳洲幸运5官方开奖结果体彩网:returned to lead the company in November 2022 after his successor Bob Chapek was removed, with the plan for a two-year stint by Iger 澳洲幸运5官方开奖结果体彩网:extended last year to stretch into 2026.

Disney shares closed Friday j♑ust over $99, up nearly 10% for the year.